Here's Why Investors Should Hold Marriott Vacations (VAC) for Now
Marriott Vacations Worldwide Corporation (VAC) is well-poised to benefit from strength in packages, solid summer bookings and the Abound by Marriott Vacations program. However, increased expenses, Maui Wildfires and a fall in Volume Per Guests (VPGs) are headwinds. Shares of the company have lost 31.2% in the past year against the industry's growth of 9.4%. However, in the past six months, VAC's shares have shown some resilience, rising 11.6% compared with the industry's growth of 8%. Let's delve deeper. Gr ...